The world’s largest gold client, China, has given home and worldwide banks permission to import massive quantities of gold into the nation, Reuters reported, citing its sources. ...

Whereas many nations around the globe are solely beginning to embrace 5G know-how, Chinese language tech big Huawei has come ahead with plans to roll out its much-faster successor. ...

Fintech firm Ant Group, an affiliate of the Chinese language e-commerce large Alibaba, is reportedly on the lookout for an environment friendly manner for its founder Jack Ma to divest his stake and quit management of the corporate. ...

Taiwan is “very keen” to work with the US and different “like-minded nations” to discourage China, the island’s president has mentioned, as she met an unofficial delegation from Washington despatched as a “private sign” by Joe Biden. ...

Yang Jiechi’s outburst towards the US at a high-level assembly in Alaska final month has been extensively praised and elevated the profession bureaucrat to the standing of nationwide deity. ...

A belligerent new strategy from China to worldwide diplomacy has raised just a few eyebrows within the West as international ministry officers show adept at the usage of social media to impress a response, as if taught by The Donald himself. ...

Whereas many international locations across the globe are embracing the thought of getting their very own digital currencies, China has outpaced others within the race for a monetary expertise breakthrough with its digital yuan. ...

The China State Shipbuilding Company has gained its largest ever contract – price over 10 billion yuan ($ 1.52 billion) – to make a fleet of skyscraper-sized cargo ships, as international commerce restoration boosts demand for the vessels. ...

Biden’s infrastructure plan is way wanted, and lengthy overdue. However its ambitions transcend repairing crumbling bridges and roads, and towards thwarting China. Right here Biden might be disillusioned – China’s lead is simply too robust to beat. ...

China and Iran have signed a strategic partnership settlement. For sanctions-wracked Tehran, it’s an financial lifeline. For Beijing, it’s the beginning of a difficult Center East balancing act. ...